2-bed · 1,870 sqftMarina Residences 6, Palm Jumeirah · 5th floor · completed 2009

501, Marina Residences 6

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 10 September 2020
Last soldAED 1.4M10 September 2020
Current rentAED 108K /yr3 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Marina Residences 6

What is 501 worth today?

Last sold for AED 1,400,000 in 2020

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10 Sep 2020SoldReady
AED 1,400,000AED 748 per sqft
3 Oct 2019RentedNew contract
AED 108,000/yr12 months · AED 58 per sqft
25 Oct 2017RentedNew contract
AED 130,000/yr13 months · AED 69 per sqft
27 Sep 2016RentedNew contract
AED 155,000/yr12 months · AED 83 per sqft
25 Apr 2016RentedNew contract
AED 155,000/yr12 months · AED 83 per sqft
24 Feb 2016SoldReady
AED 2,150,000AED 1,149 per sqft
25 Nov 2013RentedNew contract
AED 132,000/yr12 months · AED 70 per sqft
2 Aug 2011Sold by developerReady
AED 2,804,800AED 1,499 per sqft

Source: Dubai Land Department. Updated 10 September 2020.

Key facts

Type
2-bed apartment
Size
1,870 sqft
Floor
5th of 14
Parking
CLG-3
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,200 /yr
Last sold
AED 1.4M · September 2020

About 501, Marina Residences 6

501 is a two-bedroom apartment of 1,870 sqft on the 5th floor of Marina Residences 6, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 10 September 2020 for AED 1,400,000, or AED 748 per sqft, 11% below the AED 844 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 3 October 2019, is AED 108,000 a year: a gross yield of 7.7% on the 2020 price, before the service charge of about AED 31,200 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Marina Residences 6
2M4M2010201520202025Typical sale price by year: 2010 AED 2,832,750; 2011 AED 2,817,400; 2012 AED 1,936,900; 2013 AED 2,400,000; 2014 AED 2,564,200; 2015 AED 2,845,000; 2016 AED 2,387,500; 2017 AED 2,272,500; 2018 AED 1,900,000; 2019 AED 1,718,710; 2020 AED 1,415,718; 2021 AED 1,870,456; 2022 AED 2,312,500; 2023 AED 2,650,000; 2024 AED 3,450,000; 2025 AED 3,850,000; 2026 AED 3,525,000Sold by developer, August 2011: AED 2,804,800 (AED 1,499 per sqft)Sold, February 2016: AED 2,150,000 (AED 1,149 per sqft)Sold, September 2020: AED 1,400,000 (AED 748 per sqft)

501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Marina Residences 6
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 145,000; 2014 AED 166,930; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 122,500; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 126,000; 2023 AED 167,000; 2024 AED 190,000; 2025 AED 197,500; 2026 AED 186,500New contract, November 2013: AED 132,000 a yearNew contract, April 2016: AED 155,000 a yearNew contract, September 2016: AED 155,000 a yearNew contract, October 2017: AED 130,000 a yearNew contract, October 2019: AED 108,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Residences 6, and where 501 sits

All 106 2-beds →

501 last sold in September 2020 at AED 748 per sqft, 11% below what two-beds in Marina Residences 6 were fetching at the time (AED 844). Over the last 12 months two-beds sold for AED 3,350,000 to 4,180,000, around AED 2,046 per sqft, and rent for AED 152,748 to 370,000 a year. 501's AED 108,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20263,550,000
29 Jul 20263,750,000
13 Jul 20263,425,000
5 Jun 20263,350,000
7 2-bed sales in the last 12 months

Marina Residences 6

Building

162 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 11 sold in the last 12 months.

Typical price per sqft
AED 2,109 Up 7.7%
Typical sale
AED 4.18M
Typical rent
AED 198K /yr
Typical yield
5.0%
Marina Residences 6, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 162 units in Marina Residences 6
Value
5022-bedAED 4M · Mar 2025
5032-bedAED 3.55M · Jun 2025
5042-bedAED 1.5M · Mar 2011
5053-bedAED 3.18M · Nov 2021
5063-bedAED 1.8M · Nov 2010
5073-bedAED 3.97M · Sep 2010
5082-bedAED 2.34M · Jan 2017
1–7 of 10

501, Marina Residences 6 in numbers

  • Sold 3 times: first on 2 August 2011 for AED 2,804,800, last on 10 September 2020 for AED 1,400,000 (AED 748 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 132,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2020 price is 7.7%, before a service charge of about AED 31,200 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 6 sold for AED 3,350,000–4,180,000 in the 12 months to November 2026; the building's median across all types is AED 2,109 per sqft.

Source: Dubai Land Department. Updated 10 September 2020.

Questions about 501, Marina Residences 6

What did unit 501 last sell for?

AED 1,400,000 on 10 September 2020: AED 748 per sqft for 1,870 sqft. The unit has 3 registered sales; the first was AED 2,804,800 in August 2011.

What is the rent for unit 501?

AED 108,000 a year on the contract signed on 3 October 2019. The previous contract, from October 2017, was AED 130,000; the unit has been rented since November 2013.

How big is unit 501?

1,870 sqft (173.7 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower completed in 2009.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residences 6 sold for AED 3,350,000 to 4,180,000 in the last 12 months, around AED 2,046 per sqft.

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Mortgage on 501, Marina Residences 6

Starts from the last sale price (AED 1.4M, 10 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →